MergerLinks Header Logo

Announced

Computer Modelling Group to acquire Bluware from EV Private Equity for $30m.

Synopsis

Computer Modelling Group, a computer software technology company, develops and licenses reservoir simulation software, agreed to acquire Bluware, a computer software company that provides engineering software and data management services, from EV Private Equity for $30m. “Acquiring Bluware is a step forward in the company’s growth strategy of investing in strong technologies that both expand our portfolio of upstream energy solutions and deliver attractive rates of return. With Bluware, we are building on our expertise in cloud delivery, advanced technologies, and data management which allows us to deliver improved workflows and collaboration with increased speed, performance, and accuracy,” Pramod Jain, CMG CEO.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US